snacks

PepsiCo, Inc. (NASDAQ:PEP) reported Tuesday second-quarter results highlighted by every segment showing positive growth for the first time in recent memory. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets' Nik Modi maintains...

Stifel hosted Mondelez International Inc (NASDAQ: MDLZ) CFO Luca Zaramella and IR Shep Dunlap for meetings with investors, which resulted in "increased confidence" in the company's ability to grow sales and profits. The Analyst Stifel's Christopher Growe maintains a Hold rating on...

Campbell Soup Company (NYSE: CPB) is scheduled to host an investor day presentation on Thursday. The Analysts Wells Fargo's John Baumgartner maintains a Market Perform rating on Campbell Soup with an unchanged $41 price target. UBS' Steven Strycula maintains at Sell, $36 price target. Wells...

PepsiCo, Inc. (NASDAQ: PEP), under the leadership of new CEO Ramon Laguarta, is well-positioned to deliver sustainable 4-6-percent sales growth, according to Macquarie. The Analyst Analyst Caroline Levy upgraded PepsiCo from Neutral to Outperform with a price target lifted from $107 to $126....

Chocolate and snack company Hershey Co (NYSE: HSY) continues to transition from a traditional candy company to "filling out the snacking wheel," according to RBC Capital Markets, but the sell-side firm named two reasons preventing it from recommending the stock. The Analyst Analyst...

Bank of America's bearish stance on Hershey Co (NYSE: HSY) dates back to August 2016, but the research firm sees five reasons to turn bullish on the stock. The Analyst Bank of America's Bryan Spillane upgraded Hershey from Underperform to Buy with a price target lifted from $92 to $120. The...

Kellogg Company (NYSE: K), the food company that oversees more than 1,600 products worldwide, said Monday it will make major changes to its business structure. What Happened Kellogg is making four changes to its Kellogg's North American, or KNA, business: Consolidating morning foods,...

PepsiCo, Inc. (NASDAQ: PEP) reported Tuesday its fiscal third-quarter earnings report. What Happened PepsiCo said it earned $1.59 per share in thequarter on revenue of $16.49 billion versus expectations of $1.57 per share and $16.36 billion. Organic revenue grew 4.9 percent in the quarter, while...

PepsiCo, Inc. (NASDAQ: PEP) shares gained more than 1 percent Monday morning after the company confirmed CEO Indra Nooyi will step down Oct. 3. The 62-year-old executive has been with PepsiCo for 24 years and will remain in her position until early 2019. She will be replaced by Ramon...

The dynamics of the entire food packaging business changed after Kellogg Company (NYSE: K) decided to exit its direct store delivery snack network to operate a warehouse model. The distribution method that packaged food companies use is becoming increasingly important to investors, according to...

Hershey Co (NYSE: HSY)'s earnings report sent the stock tumbling throughout Thursday's session and prompted at least one analyst to no longer hold a bullish stance. The Analyst Credit Suisse's Robert Moskow downgraded Hershey's stock from Outperform to Neutral with a...

With healthy snacks still trending, Hershey Co (NYSE: HSY)’s looking bitter. The firm caught its only Sell rating Wednesday and saw a related pullback in value. The Rating Morgan Stanley analyst Matthew Grainger downgraded Hershey to from Equal-Weight to Underweight with a $105 price target...

Two notable M&A deals in the food sector have many investors questioning which company could be the next to sell itself at a premium. The answer may be Hain Celestial Group Inc (NASDAQ: HAIN), according to Maxim Group.  The Analyst Maxim Group's Anthony Vendetti maintains a Buy...

Hershey Co (NYSE: HSY)'s acquisition announcement of snackmaker Amplify Snack Brands Inc (NYSE: BETR) earned the chocolate company a nod of approval from one Wall Street analyst. The Analyst Berenberg's Fintan Ryan upgraded Hershey's stock rating from Sell to Hold with a price target...

Monday's session featured two notable M&A deals in the food sector. Hershey Co (NYSE: HSY) agreed to acquire Amplify Snack Brands Inc (NYSE: BETR) in a deal which values the company at $12 billion. And Campbell Soup Company (NYSE: CPB) agreed to acquire Snyder's-Lance Inc (...